(ANSAmed) - ISTANBUL, JANUARY 2 - With an estimated average
2.9% growth per annum, Turkey will be among the top 10 fastest
growing economies, at seventh place, between 2011 and 2060,
surpassing Japan, France and the UK, Today's Zaman reports
citing a recent Organization for Economic Cooperation and
Development (OECD) survey. Pointing to "major changes in country
shares in world GDP" the OECD's 'Looking to 2060: Long-term
growth prospects for the world' report, published on Sunday,
envisages a fast growing output for emerging markets including
Turkey. China and India are expected to demonstrate the most
impressive performance among emerging countries. The OECD
estimated Turkish gross domestic product (GDP) growth at 4.2%
between 1995 and 2011. India tops the list of countries with the
highest annual growth estimate at 5.1% between 2011 and 2060,
followed by Indonesia with 4.1% and China with 4%. Turkey was
among the world's fastest-growing economies in 2010 and 2011,
with 8.9 and 8.5% annual growth, respectively. The average
growth from 2007 to 2011 was 3.5%. The country's gross domestic
product (GDP) growth slowed to 1.6% in the third quarter over
the same months of 2011. (ANSAmed).
